Minister for International Trade and Investment, Hon. Richard Maru says he is happy with his visit to China recently. “Building on the sister-city relationship between Shenzhen and Port Moresby and the recent State visit of Governor of Guangdong, Wang Weizhong, I was happy to make my first official visit as the Minister for International Trade and Inve...

Prime Minister Hon. James Marape recently gave a gleaming report on Minerals Resources Development Company (MRDC) while describing it “very much the success story (Great) Grand Chief Sir Michael Somare wanted it to be”. PM Marape was tabling the financial accounts of the company in Parliament when he revealed that the company, founded by the late found...

Prime Minister and Foreign Affairs Minister Hon. James Marape expressed his enthusiasm for the goodwill visit of two large Indian naval vessels to Papua New Guinea, stating that it signifies a promising future for India-Papua New Guinea relations. The visit, closely following the historic presence of Indian Prime Minister Hon. Narendra Modi in May, reinfo...

With three weeks to go the start of the inaugural PNG Community Affairs and National Content Conference and Expo (CANCONEX), leading landowner Trustee company, Mineral Resources Development Company (MRDC) has stepped in as a Principal Sponsor for the event, which take place from August 28th to 30th at the PNG University of Technology in Lae Morobe Provinc...

The Investment Promotion Authority (IPA) through the Office of the Registrar of Companies has issued a final warning to owners of Business Names that have expired to come forward and renew them by August 31st 2023 or risk an automatic cancellation by the system. This means that any owner who wishes to maintain or restore the same business name after its c...

Ok Tedi Mining Ltd (OTML) is strengthening its operations to deliver maximum return to PNG shareholders, mine impacted communities and the people of Papua New Guinea. Managing Director and CEO Kedi Ilimbit said this when speaking to OTML and Business Partner employees during a roadshow conducted from the 06th to the 09th of June. The roadshow was co...

Ok Tedi Mining Limited (OTML) is committed to our vision of social value which reflects our purpose through providing business opportunities in ensuring our local communities ‘transition towards a more sustainable future after the Life of Mine. Among many initiatives and programs in place that contribute to achieving this commitment is the focus on ens...

To our readers,  We sincerely apologise for the article 'Gold Trader Speaks Out on Proposed Gold Refinery Bill' on our platform.  It has come to our attention that the article contained misleading and erroneous information, and upon our review we concur with this observation.  We have taken immediate action to rectify the situation by removing th...

During his visit to the Variarata National Park on Friday, July 28, 323, His Excellency Emmanuel Macron, the French President, addressed the students of Sogeri School of Excellence in Central Province, emphasising the importance of rainforest conservation in generating employment opportunities. President Macron highlighted the significance of preservin...

Papua New Guinea and the Republic of France have established a landmark cooperation in Forest Management, Conservation, and Climate Change during a bilateral meeting between Prime Minister of Papua New Guinea, Hon. James Marape, and the President of the Republic of France, His Excellency Emmanuel Macron, in Port Moresby on Friday, July 28, 2023. Prime ...

K92 Mining Inc. is pleased to announce that the Board of Directors has authorized the Company’s award of the engineering, procurement, construction and commissioning (“ EPC ”) Lump Sum Contract for the 1.2 million-tonnes-per-annum (“ mtpa ”) Stage 3 Expansion Process Plant to GR Engineering Services Limited (“ GRES ”) following a tender process. The EP...

Kumul Petroleum, Papua New Guinea’s national petroleum and energy company, formally welcomed 12 young professionals into its ranks as this year’s graduate development programme intake, in a small ceremony. Welcoming the new graduates, KPHL managaing director Wapu Sonk said, “You are joining the organisation at the right time, since Kumul Petroleum is c...

Prime Minister Hon. James Marape on Thursday, July 27, 2023, met with the United States Secretary of Defense Lloyd J. Austin III as Papua New Guinea and USA continue to work at taking their deepening bilateral relation to the next level. The visit by Secretary Austin to Port Moresby and his meeting with PM Marape is a follow-up to the signing of two si...

The Marape Government has ambitious plans to escalate palm oil production through enhanced collaboration and equity participation of all stakeholders in the palm oil industry, according to Oil Palm Industry Corporation (OPIC) General Secretary, Kepson Pupita. He made this announcement during his address at the Council of Palm Oil Producing Countries (CPOP...

The Papua New Guinea (Hong Kong, China) Chamber of Commerce (PNGHKCCC) will be officially recognized by the Government of Papua New Guinea (PNG) on October 15, 2023, during a welcome dinner which will be hosted by the chamber for the PNG delegates who will be attending the upcoming inaugural PNG-Asia Investment Conference in Hong Kong on October 16-17. Th...

An agreement was reached recently between the Ministry and the Department of International Trade and Investment, and the Shenzhen Government and private sector for the new Papua New Guinea (PNG) trade mission to be in a very prestigious office building in Shenzhen. “To have a trade mission in China is a very historic decision made by our Government and...

The Governor for Guangdong Province of China, Wang Weizhong said his Government was already working with a local airline company, the China Southern Airlines to open direct flights between Port Moresby and Guangzhou following his discussion with Prime Minister, Hon. James Marape during his visit to Port Moresby in July this year. Governor Weizhong said th...

Papua New Guinean marine services company Pacific Towing (PacTow) is assisting Australia’s Pacific Marine Group (PMG) with the upgrade of two major PNG ports.  PacTow’s commercial dive team completed work at the Alotau provincial wharf in Milne Bay Province in May and is part way through similar work  in Manus Province.  The two port upgrades are part of ...

In a difficult job market, characterised by skill shortages, businesses are constantly seeking innovative solutions to streamline their recruitment processes while fostering social responsibility. PNG CR, formerly known as Red Sea Housing Company PNG, has harnessed the potential of technology and community engagement by teaming up with Wan PNG, an innovat...

The PNG Chamber of Mines and Petroleum (“the Chamber”) is pleased to welcome on board Touchstone NDT Limited as its newest member. As a new service member Touchstone NDT Limited like all other service members can participate in Chamber events at discounted offers which adds more value to their business by networking with other service members as well a...

Papua New Guineans are paying 100% more for rice than they should be, according to a local commercial rice company, Rigo Rice. Rigo Rice has been growing and selling rice for the last five years in their small commercial farm at Rigo in Central Province. They sell their rice to wholesalers for K3 plus GST. Owner of Rigo Rice, Mr. Jeffery Kennedy said the ...

The first step towards reopening of the new Porgera Mine has started today following a Security Forum where leaders and security forces appealed to warring tribes surrounding the mine to stop their tribal conflicts, which affects the mine, businesses and the Porgera Valley. “The National Government is working day and night to ensure the mine is reopene...

Prime Minister Hon. James Marape emphasised the potential of rugby league as a potent "unifying force" for Papua New Guinea during his address at the Australian National Rugby League (NRL) Bid Corporate dinner in Port Moresby on Wednesday, July 19, 2023. The event took place as PNG seeks to secure its position as the 18th team in the NRL for the 2025 s...

President and CEO of Barrick Gold Corporation, Mark Bristow, has on Monday (17.07.23) met with Prime Minister Hon. James Marape to discuss recent progress and the status of the matters remaining to be completed in anticipation of the reopening of Porgera Mine. Prime Minister Marape welcomed Mr Bristow’s statement that Barrick was committed to PNG “for ...